Models of dividend distribution and taxation
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F11%3A10100208" target="_blank" >RIV/00216208:11230/11:10100208 - isvavai.cz</a>
Alternative codes found
RIV/00216275:25410/11:39892724
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Models of dividend distribution and taxation
Original language description
The aim of this paper is to provide a comprehensive theoretical background of dividend distribution and taxation from a view of investors. We compare and analyse key related theories and concepts. For instance, Lintner (1956) concludes that dividends represent the primary and active decision variable for investors in most situations. The most controversial theory of dividend policy was developed by Modigliani and Miller (1961) who demonstrated that in the perfect and complete capital markets the dividend policy is irrelevant and the value of the company is independent of its payout policy. Nevertheless, in the real world the capital markets are imperfect and therefore practical results of these theories are rather limited.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GPP403%2F10%2FP278" target="_blank" >GPP403/10/P278: The Implications of The Global Crisis on Economic Capital Management of Financial Institutions</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>Z - Vyzkumny zamer (s odkazem do CEZ)<br>S - Specificky vyzkum na vysokych skolach
Others
Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice. Series D, Faculty of Economics and Administration.
ISSN
1211-555X
e-ISSN
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Volume of the periodical
19
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
12
Pages from-to
5-16
UT code for WoS article
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EID of the result in the Scopus database
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